Retail Sales in Arizona, Inflation-Adjusted Year-Over-Year Percent Change
Adjusted for inflation but not for population growth or economic growth, sales in the retail classification rose at double-digit percentage rates into early 2006 in Arizona, but fell at double-digit rates from late 2008 through much of 2009. The year-over-year percent change remained negative through August 2010 before finally turning positive for the first time in more than three years. Retail sales grew strongly from January through October of 2011 but gains were weaker from November 2011 through September 2012. Growth strengthened somewhat from October 2012 through November 2013 but then weakened somewhat. Gains were strong from November 2014 through April 2015, the latest data.